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this hour cyprus rejects a saver's tax demanded by the e.u. as a precondition to a bailout crowd surrounded the parliament building as m.p.'s voted with many cypriots enraged at potentially having to. part with a substantial amount of the savings of ten percent to go towards supporting the country's banks smaller much just ahead. also chemical weapons have reportedly been used in a rocket attack that killed twenty six people in northern syria with both the opposition and the government blaming each other for the itself. the un expresses concern over the ongoing hunger striking when talum obeyed despite authorities efforts to play down the protests. and the series of bomb attacks tear through baghdad killing dozens and injuring hundreds as a rock struggles to get back on its think on the tenth anniversary of the u.s. led invasion. life rotty h.q. in moscow eleven pm it's kevin owen here the breaking news that we've been bringing you in the last hour the cypriot parliament in the last hour has rejected that savers tax to payroll banks demanded b
this hour cyprus rejects a saver's tax demanded by the e.u. as a precondition to a bailout crowd surrounded the parliament building as m.p.'s voted with many cypriots enraged at potentially having to. part with a substantial amount of the savings of ten percent to go towards supporting the country's banks smaller much just ahead. also chemical weapons have reportedly been used in a rocket attack that killed twenty six people in northern syria with both the opposition and the government blaming...
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an alternative to arbitrary sequester cuts they called it the balance in at balancing act that cut tax breaks for the wealthy while paring down on reasonable defense spending the plan then proposed reinvesting those savings in transportation and education c p c the congressional progressive caucus releases a budget every year in fiscal year two thousand and fourteen proposal will likely reflect those core principles of previous plans including trimming the pentagon expanding revenue sources and ending unpopular corporate welfare while building on the ideas of the balancing act the government needs to expand its role in rebuilding the economy not reduce the progressive caucus is budget is a serious and thoughtful plan that makes common sense cuts and forces the super rich to pay their fair share of previous years are any indication paul ryan's path to poverty will dominate the washington debate and drown out sensible alternatives are the mainstream media thinks that placing the needs of working americans before the needs of big businesses is a pretty serious why don't progress proposals
an alternative to arbitrary sequester cuts they called it the balance in at balancing act that cut tax breaks for the wealthy while paring down on reasonable defense spending the plan then proposed reinvesting those savings in transportation and education c p c the congressional progressive caucus releases a budget every year in fiscal year two thousand and fourteen proposal will likely reflect those core principles of previous plans including trimming the pentagon expanding revenue sources and...
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growth over three percent only time in the history the united states top tax rates were at ninety one percent how can that be a bad thing well right now we're not in the forty's fifty's sixty's i mean though there's a lot of tax rate that drop there's a lot of bad policies from the forty's fifty's and sixty's and a lot of americans don't want to go back to right now. let's see before the civil rights act that's so security is running broke so i think americans would appreciate that being fish out of the out of the sixty's. forty's and fifty's at the end of the day the republicans mitt romney really phrased it badly but at the end of the day if you look at the economics and you look at the statistics behind his point he's very right a report came out this year that showed forty seven percent of americans aren't paying taxes they're not getting into the system they are not getting they are paying for not paying several taxes are you just running he was running they were federal office now come on your you know you say this. really did that want to do if you look at the the language he u
growth over three percent only time in the history the united states top tax rates were at ninety one percent how can that be a bad thing well right now we're not in the forty's fifty's sixty's i mean though there's a lot of tax rate that drop there's a lot of bad policies from the forty's fifty's and sixty's and a lot of americans don't want to go back to right now. let's see before the civil rights act that's so security is running broke so i think americans would appreciate that being fish...
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there have been terms proposed about anybody with less than twenty thousand euros in the bank being tax free without any any outcome from this decision the government is toying with the idea of finding the five point eight billion replied euros from other sources and government bonds could be involved also possibly bank pension funds the e.u. has said that cyprus is free to some extent to find the five point eight billion euros where it chooses there has been a lot of anger and have been people saying that they want to remove that cash from cyprus as soon as they can but really a feeling of expectancy here. back to the crisis in cypress now with the palm in their sets of the it on the bank deposit tax at about four o'clock g.m.t. today belgium m.e.p. data k u n f painter says that given european taxpayers are wary there's there's little alternative but to pass the tax cause the quizes ingres is mainly to blame for what's happening in cyprus now because the goodison separate banks have been exposed to greece. the european union is already trying to say agrees brees already has three bill
there have been terms proposed about anybody with less than twenty thousand euros in the bank being tax free without any any outcome from this decision the government is toying with the idea of finding the five point eight billion replied euros from other sources and government bonds could be involved also possibly bank pension funds the e.u. has said that cyprus is free to some extent to find the five point eight billion euros where it chooses there has been a lot of anger and have been people...
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if the republicans will shoot their tax well this is b.s. and a new found last in my mind is a mutual suicide pact that's where the problem with the democratic santa clause is that the way the programs are structured now they're requiring all they're requiring a lot more work out of fewer and fewer elves to produce this santa clause packages that were expected out well that's that's a debate we just have right if we can agree to disagree on that but i'm wondering what you know what you guys are thinking about how there's how this president is dealing with the republicans in congress i mean it's like he keeps throwing them stuff and they can't go on with it which things you throw because i've missed a lot he sees offered his offer to cut social security's offer to cut medicare i mean why doesn't he just do it he's got his i was in the right a plan b. there was that he was here because id the good is about that because we're going to solution the constitution says that only congress can but as he could offer up a budget which he's been require
if the republicans will shoot their tax well this is b.s. and a new found last in my mind is a mutual suicide pact that's where the problem with the democratic santa clause is that the way the programs are structured now they're requiring all they're requiring a lot more work out of fewer and fewer elves to produce this santa clause packages that were expected out well that's that's a debate we just have right if we can agree to disagree on that but i'm wondering what you know what you guys are...
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in a panic over a planned tax savings accounts as part of an european union and i.m.f. deal the so-called rescue plan for the tiny eurozone country would say a one time levy on deposits to avoid a national default ati's correspondent i saw similar reports from the heart of the . well today is a crucial day for cyprus as its parliament votes on ratifying that new one time bank deposit tax that has really come as a surprise when it was announced over the weekend the people in cyprus already having reacted with a bit of a panic no this came about as the e.u. finance ministers as the and the international monetary fund had agreed upon a ten billion euro bailout for the country on the condition that this. bank deposit tax be imposed now this could amount to up to nine point nine percent of those who have more than one hundred thousand euros in the bag and for many people there it's their entire life savings that they have that are they feel are now in trouble and the panic that has been stirred over the weekend people trying to get money out of the cash machines but electron
in a panic over a planned tax savings accounts as part of an european union and i.m.f. deal the so-called rescue plan for the tiny eurozone country would say a one time levy on deposits to avoid a national default ati's correspondent i saw similar reports from the heart of the . well today is a crucial day for cyprus as its parliament votes on ratifying that new one time bank deposit tax that has really come as a surprise when it was announced over the weekend the people in cyprus already...
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fifty years old he's a syrian born naturalized american has been living in taxes for decades he used to be executive and came to prominence working with a humanitarian agency during the war and of course expectations are very high that were very high that i mean these nomination to help stop the bloodshed in the country but what about the arab league meeting what do we what are we expecting from as i was tired unfortunately expectations were very high but unfortunately we can't expect to march of progress here though john kerry and russian foreign minister lavrov found common ground on the geneva declaration recent and kerry's response to have a personal relationship with our side it seems that fighting is continuing the ground violence and is intensifying as well as claims and size i mean ready to talk actually are continuing to blame each other and are still warring sides. most of which pretty sure. clarke has written extensively about syria told us it's no accident. spent a large part of his life in the u.s. before being voted in those opposition prime minister let's take a listen
fifty years old he's a syrian born naturalized american has been living in taxes for decades he used to be executive and came to prominence working with a humanitarian agency during the war and of course expectations are very high that were very high that i mean these nomination to help stop the bloodshed in the country but what about the arab league meeting what do we what are we expecting from as i was tired unfortunately expectations were very high but unfortunately we can't expect to march...
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dedicated young says that there may be no alternative to pass in the tax because the quizes ingres is mainly to blame for what's happening in cyprus now because the goodison cypriot banks have been exposed to two greece bert's of the european union is already trying to say agrees the ready has had three bailout operations and is still in the middle of it so there's not much greece can do anymore and the only thing we can do is to try to save cyprus which is already the fifth bailout operation and of course there is also a limit to the patients our taxpayers in germany the netherlands and finland because finally these are the people who have to guarantee their loans to cyprus and their patients now is limited so i think it was. it was good to have a contribution of the savers in cyprus itself because in other countries we have a different sort of problems but remember in spain savers already have contributed those people who had an interest in the spanish bank bankia lost money some people in other banks have lost money and generally european savers are losing money because we have a p
dedicated young says that there may be no alternative to pass in the tax because the quizes ingres is mainly to blame for what's happening in cyprus now because the goodison cypriot banks have been exposed to two greece bert's of the european union is already trying to say agrees the ready has had three bailout operations and is still in the middle of it so there's not much greece can do anymore and the only thing we can do is to try to save cyprus which is already the fifth bailout operation...
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fires to embrace new budget cuts come april we'll take a closer look at what the so-called bedroom tax will cause the poorest people in society. that's later but now cyprus has secured a ten billion euro bailout from euro zone finance ministers to avoid bankruptcy but people there are not particularly happy with the deal in return for the rescue package they're facing a ten percent levy on their savings to boost the budget hours after the deal was announced people started lining up at a.t.m.'s to cash out before the levee takes effect and one man was so frustrated he parked his bulldozer in front of a bank apparently threatening to break came and over about what had. trying to make a single friend the deal may set a dangerous precedent. it's a very tough brows because so what has been agreed upon now means that on average there will be something like an eight percent tax because there's a difference between small and large in the terms of taxation which is of course a huge shock to the cypriot economy in terms of the purchasing power of the people and one of the immediate consequences
fires to embrace new budget cuts come april we'll take a closer look at what the so-called bedroom tax will cause the poorest people in society. that's later but now cyprus has secured a ten billion euro bailout from euro zone finance ministers to avoid bankruptcy but people there are not particularly happy with the deal in return for the rescue package they're facing a ten percent levy on their savings to boost the budget hours after the deal was announced people started lining up at a.t.m.'s...
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maybe they shouldn't have to pay taxes because that money's already been taxed like all money has already been taxed it's just you know it's like you know all water has been digested by a fish some point it's that's the way it is a stupid argument meghan in jackson new jersey hey meghan what's up dad thank you so much i'm. love your show great job i. am new to r.t. but i watch it constantly i love everything that you guys you know we speak up for it it's a great more of it should be mandatory for all public for all the citizens to at least hear at least once a day. i just wanted to touch base on a couple things that i have heard a brief things on the documentaries that you've done and and other people that. that you often have on your show i mean in new jersey where the taxes is outrageous and we have chris christie who is basically you know you know raised all this money and toured all over the place to run raise money for the republicans and you know the basically the corporate takeover the slave minimum wage will slave wages and the proper term the elderly the vietnam vet or not the vi
maybe they shouldn't have to pay taxes because that money's already been taxed like all money has already been taxed it's just you know it's like you know all water has been digested by a fish some point it's that's the way it is a stupid argument meghan in jackson new jersey hey meghan what's up dad thank you so much i'm. love your show great job i. am new to r.t. but i watch it constantly i love everything that you guys you know we speak up for it it's a great more of it should be mandatory...
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on big mansions but they are having a bedroom tax on the poorest people in the country the department for work and pensions declined to comment on the controversial policy the impending changes of course such widespread concern that the government announced the parents of those serving in the armed forces foster carers and parents of severely disabled children will now be exempt from the changes as for the rest of the body in this situation is being blocked into a corner and until the council finds him a smaller flat brian will have to take the financial hit i haven't had any suggestions from any of them about what to do if and when you do run out and i find it hard to do which i would now realise is happening coming closer. i have no choice in the matter it has been getting even more stressful the closer we get to the day because i just don't know what i'm going to do with what many are calling black april fast approaching critics say it's those with the least that is being hit the hardest. artsy kidderminster. china's once in a decade power shift is finished with a new prime ministe
on big mansions but they are having a bedroom tax on the poorest people in the country the department for work and pensions declined to comment on the controversial policy the impending changes of course such widespread concern that the government announced the parents of those serving in the armed forces foster carers and parents of severely disabled children will now be exempt from the changes as for the rest of the body in this situation is being blocked into a corner and until the council...
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programs in exchange for cooperation on tax reform during the debt ceiling debacle of two thousand and eleven for example he famously suggested raising the age at which seniors start receiving medicare benefits like bill clinton before him obama seems to have an obsession with compromise even when it screws the middle class clinton if you remember worked with newt gingrich in the republican house to pass the one nine hundred ninety six welfare reform bill a bill has made life miserable for the long term unemployed the great recession cuts to social security net that obama now equal apparently supports will be equally as damaging what's even scarier is the president's flippant attitude toward programs millions of americans depend on just to get by in february said he didn't want to raise the medicare eligibility age but the question remains how much can we progress is trust someone who regularly plays politics with essential benefits and who is he actually fighting for the doctor on the show before about obama's connections to pete peterson the wall street billionaire behind the so-call
programs in exchange for cooperation on tax reform during the debt ceiling debacle of two thousand and eleven for example he famously suggested raising the age at which seniors start receiving medicare benefits like bill clinton before him obama seems to have an obsession with compromise even when it screws the middle class clinton if you remember worked with newt gingrich in the republican house to pass the one nine hundred ninety six welfare reform bill a bill has made life miserable for the...
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from the edge of bankruptcy after nicosia rejects a european bailout offer sparked by an unprecedented tax on savers got the latest this hour. as russia's premier likens europe's handling of the bailout for bullet a china shop warning brussels antics could spark a new crisis. and other big stories of the day barack obama arrives in israel for the first time as u.s. president but they struggle to close the growing gap between the country's middle east policy. and russian and u.n. human rights officials sound the alarm over the treatment of prisoners at guantanamo bay is u.s. military officials trying to downplay a mass hunger strike at the detention center. good evening you've just joined us kevin live at the hour to new center tonight our top story the scenes of relief and indeed celebration greeted the cypriot parliament's rejection of attacks on bank deposits the one off levy linked to an e.u. bailout deal would have saved millions of account holders lose up to a tenth of the savings are being condemned by officials in the public alike but the country now finds itself of course on the br
from the edge of bankruptcy after nicosia rejects a european bailout offer sparked by an unprecedented tax on savers got the latest this hour. as russia's premier likens europe's handling of the bailout for bullet a china shop warning brussels antics could spark a new crisis. and other big stories of the day barack obama arrives in israel for the first time as u.s. president but they struggle to close the growing gap between the country's middle east policy. and russian and u.n. human rights...
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the vent here angry crowds you're seeing ringing the cypriot parliament demanding the rejection of a tax that would see savers bailing out banks that levy could see people lose up to ten percent of their life savings or for cyprus to qualify for these pictures being broadcast live from the parliament now by artie's roughly video news agency or that streaming online to. express his concern over the ongoing hunger strike in guantanamo bay despite authorities efforts to play down the protests we've got the latest there this hour. busy news night a series of bomb attacks through baghdad killing dozens and injuring hundreds as iraq struggles to get back on its feet on the tenth anniversary of the u.s. led invasion. good evening this is our kevin oh it's good to have you company our top story a rocket attack on a town outside aleppo in syria's north has left dozens dead including sixteen government soldiers details about what actually happened on the ground within but there are reports that chemical weapons could have been used both the syrian government and the opposition are accusing each ot
the vent here angry crowds you're seeing ringing the cypriot parliament demanding the rejection of a tax that would see savers bailing out banks that levy could see people lose up to ten percent of their life savings or for cyprus to qualify for these pictures being broadcast live from the parliament now by artie's roughly video news agency or that streaming online to. express his concern over the ongoing hunger strike in guantanamo bay despite authorities efforts to play down the protests...
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as you've just heard seems of relief from celebration greeted the cyprus parliament's rejection of a tax on bank deposits the one off levy linked to an e.u. bailout deal would have saved millions of account holders lose up to a tenth of the savings of being condemned by officials and the public alike but the country now of course finds itself on the brink of bankruptcy and having rejected the terms it may have to turn to russia for assistance can off has more. right now cyprus is in a very difficult position because it's rejected the proposal by the european union and the troika to tax private bank accounts and now frankly there are not many places for cyprus to turn for help and actually one of these places is russia and the site bid finance minister has been in the russian capital the entire day he's met with his russian counterpart and would be the first the deputy prime minister there is speculation that cyprus is asking russia for a loan so far the finance minister said that you are satisfied with the negotiations but no official offer has been made so far although he himself said h
as you've just heard seems of relief from celebration greeted the cyprus parliament's rejection of a tax on bank deposits the one off levy linked to an e.u. bailout deal would have saved millions of account holders lose up to a tenth of the savings of being condemned by officials and the public alike but the country now of course finds itself on the brink of bankruptcy and having rejected the terms it may have to turn to russia for assistance can off has more. right now cyprus is in a very...
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officials the plan was intended to make wealthy foreigners who often use cyprus as a tax haven pay for the bail up but the plan would have forced all separate account holders not just the wealthy to pay for the bank's toure's mistakes not surprisingly citizens of all classes took to the streets demanding that their government reject the e.u. bailout their protests worked eventually forcing tuesday's unanimous no vote in the e.u. i.m.f. proposal but the small mediterranean islands banks are still in danger e.u. and cypriot officials are scrambling. to come up with an alternative an alternative school scheme before banks reopen next tuesday march twenty sixth allen's finance ministry for one as suggested accepting the e.u. bailout on the condition that exempts smaller account holders from the lobby of the european finance ministers like francis pure mosco moscow d.c. have also expressed support for such an exception and at the same time however the cypriot government is also exploring a bailout plan with russia which is not part of the e.u. any agreement with russia would likely include
officials the plan was intended to make wealthy foreigners who often use cyprus as a tax haven pay for the bail up but the plan would have forced all separate account holders not just the wealthy to pay for the bank's toure's mistakes not surprisingly citizens of all classes took to the streets demanding that their government reject the e.u. bailout their protests worked eventually forcing tuesday's unanimous no vote in the e.u. i.m.f. proposal but the small mediterranean islands banks are...
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solve the financial crisis of cyprus it is really a big question here so the controversial deposit tax has been rejected by cyprus but has crossed the red line in proposing the idea that is the view of nigel ferrars a u.k. independence party things brussels has sent a strong signal to the people of europe. even in my diaries predictions in this parliament over the years about the way the e.u. bosses were behaving never did i think they would in a completely unprecedented manner resort to stealing money from people's bank accounts and the message that sends to people who got savings in banks in most countries certainly if i was there is get your money out while you can do not invest anywhere in the euro zone you've got to be mad to do so because it's now run by people who don't respect democracy who don't respect the rule of law who don't respect the basic principles upon which western civilization is supposed to be based by our propping up a euro zone which in the end is going to collapse in disastrous failure are they are prepared to do anything to do so i think that this decision thi
solve the financial crisis of cyprus it is really a big question here so the controversial deposit tax has been rejected by cyprus but has crossed the red line in proposing the idea that is the view of nigel ferrars a u.k. independence party things brussels has sent a strong signal to the people of europe. even in my diaries predictions in this parliament over the years about the way the e.u. bosses were behaving never did i think they would in a completely unprecedented manner resort to...
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has found a cheaper way to deal with the housing crisis the so-called bedroom tax means many who live in social housing would either lose around fourteen percent of their benefits if they have a spare room or move out polly boy to look at how the less well off are trapped in a catch twenty two. brian rider didn't ask for a two bedroom flats when he applied for emergency accommodation and it was what the council gave him it was meant to be temporary and he's now lived here for fourteen year is it's my home of my dad my home we've done all the work and we've put the wood paneling on the war. we stopped decorating halfway through when we realised there are more i have to move because i couldn't afford it and what's the point of decorating when i want it to improve but yeah it's more hard not all of my mind it will upset me to move on but brian who suffers from osteoporosis and can't work has little choice the government's so-called bedroom tax comes into effect from april first six hundred forty thousand social housing tenants with at least one spare room i have to cough up the cash from
has found a cheaper way to deal with the housing crisis the so-called bedroom tax means many who live in social housing would either lose around fourteen percent of their benefits if they have a spare room or move out polly boy to look at how the less well off are trapped in a catch twenty two. brian rider didn't ask for a two bedroom flats when he applied for emergency accommodation and it was what the council gave him it was meant to be temporary and he's now lived here for fourteen year is...
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edge of bankruptcy after because see it rejects a european and that often spiked by an unprecedented tax on savers to put the latest. like a bull in a china shop but so russian president dmitri medvedev destroyed the bailout tax i think that the plan was nothing less than the soviet expropriation of property. russia the e.u. and human rights officials sound the alarm over the treatment of prisoners in guantanamo bay u.s. military officials try to downplay a mass hunger strike in the detention center. and barack obama arrives in israel for the first time as u.s. president but may struggle to close the growing gap between the country's middle east policy it's. very good even if you just joined us is kevin over here live the r.t. new center tonight our top story the scenes overleaf and celebration greeted the cypriot parliament's rejection of that tax on bank deposits the one off levy linked to an e.u. bailout deal would have seen millions of account holders lose up to a tenth of the savings had been condemned by officials in the public alike but the country of course now finds itself on th
edge of bankruptcy after because see it rejects a european and that often spiked by an unprecedented tax on savers to put the latest. like a bull in a china shop but so russian president dmitri medvedev destroyed the bailout tax i think that the plan was nothing less than the soviet expropriation of property. russia the e.u. and human rights officials sound the alarm over the treatment of prisoners in guantanamo bay u.s. military officials try to downplay a mass hunger strike in the detention...
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britain prepares to embrace new housing costs come april we take a closer look at what the bedroom tax will cost societies worst off. technology innovation all the developments from around russia we've got the future of covered. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big. news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. trying to hope racial to rule the day. here with our t. live from moscow washington has scrapped a k phase of its european missile defense shield citing a lack of funds and development problems the united states will deploy additional ground based missile interceptors on its pacific coast instead and what is said to be a response to pyongyang's recent nuclear threats. has the details. looks like the nuclear threat coming from north korea is now considered far more dangerous by the us than any pot
britain prepares to embrace new housing costs come april we take a closer look at what the bedroom tax will cost societies worst off. technology innovation all the developments from around russia we've got the future of covered. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big. news today...
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life the art scene you center at night cypress says no to any bailout that would have meant to harsh tax old savers and pins its soap instead of striking a deal with russia we'll bring you up to speed on the latest. russian the un human rights officials sound the alarm over the treatment of prisoners at guantanamo bay as u.s. military officials try to downplay mass hunger strike at the detention center. barack obama arrives in israel for the first time as u.s. president but may struggle to close the growing gap between the country's middle east policies. and an iraqi terrorist group with links to al qaeda claims responsibility for bombings that killed dozens in baghdad further unsettle the country ten years on from the u.s. led invasion. all over again even she if you're just joining us my name is kevin and this is art international live from moscow our top story that you just heard scenes of relief from celebration greeted the cyprus parliament's rejection of a tax on bank deposits the one off levy linked to an e.u. bailout deal would have seen millions of account holders lose up to a t
life the art scene you center at night cypress says no to any bailout that would have meant to harsh tax old savers and pins its soap instead of striking a deal with russia we'll bring you up to speed on the latest. russian the un human rights officials sound the alarm over the treatment of prisoners at guantanamo bay as u.s. military officials try to downplay mass hunger strike at the detention center. barack obama arrives in israel for the first time as u.s. president but may struggle to...
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we've seen that happen the tax increases are real they take your real wealth your real savings your real money and transfer it to basically wall street well i mean a great example of that would be a company like correction the score of america the biggest largest prison operator in america the stock price goes up according to greenspan that's great the fact the deal with municipalities around the world to put ninety eight percent occupancy rate in their jails and you rounding up people and prosecuting them and in jailing them just by the needs of that stock price never crosses the mind of greenspan again it's a good point the price he's saying is the be and all the what that price represents never enters his brain and then finally max on that on the story of alan greenspan and saying that stock prices are determinant of everything every record dow jones point cost two hundred million dollars in federal debt we're hitting all time highs in the dow jones but there's no such thing of course as a free lunch where does it come from here is the invoice in the past five days alone total federal
we've seen that happen the tax increases are real they take your real wealth your real savings your real money and transfer it to basically wall street well i mean a great example of that would be a company like correction the score of america the biggest largest prison operator in america the stock price goes up according to greenspan that's great the fact the deal with municipalities around the world to put ninety eight percent occupancy rate in their jails and you rounding up people and...
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browder actually currently under investigation criminal investigation in connection with fraud and tax evasion in fact that was the first reason wife of the magnitsky actually ended up in jail back in two thousand and eight two thousand and nine and therefore that criminal investigation is still continuing and we're we are in for another court session which is scheduled for the second half of march of this year you're not going to live. with us the thank you for that update. cyprus's revisit a revising its bank plans or by easing the burden for those with small deposits but holders of more than a hundred thousand euros would lose almost ten percent of their cash the country's parliament is expected to vote on the package later today the president had moved to dip into people's pockets is to secure a vital cash injection from the e.u. and the i.m.f. plans are triggered a run on the banks and protests in the country more from lucy robson a journalism living in cyprus. there are several parties which are against this this option that is being proposed by the government it isn't guaranteed
browder actually currently under investigation criminal investigation in connection with fraud and tax evasion in fact that was the first reason wife of the magnitsky actually ended up in jail back in two thousand and eight two thousand and nine and therefore that criminal investigation is still continuing and we're we are in for another court session which is scheduled for the second half of march of this year you're not going to live. with us the thank you for that update. cyprus's revisit a...
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right now since it's just rejected the bailout plan by brussels and the troika off key investors to tax private bank accounts in cyprus and frankly there are that many places to turn to right now for assistance from the cypriot finance minister is in moscow he's met with his russian counterpart and he said that he's satisfied with the negotiations but at the same time added that no official offer has been made so far although the minister is now planning to meet with russia's first deputy prime minister and said that he's not leaving moscow until an agreement is reached there is speculation that cyprus is going to ask russia for a loan but we do know that the country already holds a moscow two and a half a billion euros this is for another loan which was given to the country back in two thousand and eleven back then it exceeded ten percent of its g.d.p. and helped its economy stay afloat but the big question now is is cyprus going for broke is it going to ask a russia for a complete bailout package but the big picture is angle and merkel is completely furious with cyprus even talking to
right now since it's just rejected the bailout plan by brussels and the troika off key investors to tax private bank accounts in cyprus and frankly there are that many places to turn to right now for assistance from the cypriot finance minister is in moscow he's met with his russian counterpart and he said that he's satisfied with the negotiations but at the same time added that no official offer has been made so far although the minister is now planning to meet with russia's first deputy prime...
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see them out we would have collected would be introduced to this tax for private very good crowds we need time for the country is running out the supreme banking system is still shut down and the country's president said that the crisis must be resolved before the end of the day. and the european central bank says it will have to cut cypresses funding unless the island state gets a bailout soon robert always chairman of the bridge group which is nice think tank believes the ease pressure on cyprus exposes a worrying hierarchy within the block. it seems that certain countries such as germany are we pushing their own agenda in those countries are the small and can't really stand up to the larger interests in the your opinion the large financial interests of french and german banks are really pushed around and are and are bullied and do not get a good deal and this is very dark from the e.u. to try and take percentage of the savings of the p. banks which is actually we could argue that's actually breaching e.u. rules on protection taking deposits so it's actually very silly and it's als
see them out we would have collected would be introduced to this tax for private very good crowds we need time for the country is running out the supreme banking system is still shut down and the country's president said that the crisis must be resolved before the end of the day. and the european central bank says it will have to cut cypresses funding unless the island state gets a bailout soon robert always chairman of the bridge group which is nice think tank believes the ease pressure on...
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investors earlier the cypriot quadrant rejected enjoy this bailout proposal which included taxing private bank accounts and. the countries or the cypriot. media reports that the country's parliament is to review one alternative where of trying to resolve the crisis on thursday in that many details are not known but perhaps it could include our plans to tap into social funds or at the retirement fund through through which simply its authority squared to collect around five billion euros which is pretty much the same amount we would have collected would be introduced of this tax for private very good crowds to meet time for the country is running out of the supreme banking system is still shut down and the country's president has said that the crisis must be resolved before the end of the day. the european central bank says it will cut cypresses funding starting from next week if no rescue plan is agreed well robert always chairman of the bruges group which is nice focus think tank believes the u.s. pressure on cyprus exposes a worrying hierarchy within the bloc it seems that certain countr
investors earlier the cypriot quadrant rejected enjoy this bailout proposal which included taxing private bank accounts and. the countries or the cypriot. media reports that the country's parliament is to review one alternative where of trying to resolve the crisis on thursday in that many details are not known but perhaps it could include our plans to tap into social funds or at the retirement fund through through which simply its authority squared to collect around five billion euros which is...
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says his move was not about escaping taxes but because his home had become too sad for him. drastic measures a leading animal welfare group says it will use drones to stop illegal hunting in britain find out more about the upcoming war in the countryside and r.t. dot com. china's new president has called for what he described as efforts to continue the realisation of the chinese dream he's giving his first comments after the nation went through a once in a decade shift the power this week economic development will be the top priority for the country's new leaders and recent forecasts look promising a report from pricewaterhouse coopers predicts that china which is now the world's second largest economy will catch up with the u.s. by twenty seventeen and then over take it one of the top spending priorities announced by the new leadership is defense that comes amid america's growing military expansion in china's backyard effort u.s. . to gain a stronger foothold in asia and the struggle for regional influence has been raising concerns in beijing just days ago the pentagon and
says his move was not about escaping taxes but because his home had become too sad for him. drastic measures a leading animal welfare group says it will use drones to stop illegal hunting in britain find out more about the upcoming war in the countryside and r.t. dot com. china's new president has called for what he described as efforts to continue the realisation of the chinese dream he's giving his first comments after the nation went through a once in a decade shift the power this week...
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turned into a celebratory mood they were happy that the parliament had not passed this bill imposing a tax on their deposits as far as what goes on the street at the moment it's rather the initial panic really happened over the weekend when that announcement was made from brussels that they will be tax of people were lining up. try to get the money out and yesterday i was talking to some locals who were trying to get some money off the a.t.m. some had run out of cash and this morning when i actually tried to. water they had given me a handful of change and apologizing that they have run out of five euros and ten euro notes because the banks were close so the banks will remain closed today and tomorrow and this will pose a problem in terms of cash flow for the locals the u.k. government as we know it already sets about one million euros in cash to their troops who are here in cyprus just to keep the cash go away now on the bigger level of economic a level if the banks do remain closed this will pose a problem an economy does hit a substantially on the banking sector and there's already been
turned into a celebratory mood they were happy that the parliament had not passed this bill imposing a tax on their deposits as far as what goes on the street at the moment it's rather the initial panic really happened over the weekend when that announcement was made from brussels that they will be tax of people were lining up. try to get the money out and yesterday i was talking to some locals who were trying to get some money off the a.t.m. some had run out of cash and this morning when i...
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knew cyprus would reject the bank tax why would they push for a tax that had no chance of being accepted all postes. that is what i cannot answer to you because i can assume it was it was the mentality of troika. come again and again in every country in which they try this policies with these unfair and unfeeling. and the problems question when are they going to stall and it seems so we suggest that we. go for for another direction we have today suggested a good thing to do east. look. at mosco and maybe accept the invitation and even get a communication from president putin so that the president of the republic of cyprus accompanied by the main party leaders visit in the next us and to try and find a better program there we are more cultured and can be safe and more reliable . thing to do done keep keep negotiating we trade which had showed us nine months now that every day the negotiation coming in going back and back and forth but on which show does not we cannot accept them to be reliable and they show does that they have no no when in which they are truly. as we saw with greece for
knew cyprus would reject the bank tax why would they push for a tax that had no chance of being accepted all postes. that is what i cannot answer to you because i can assume it was it was the mentality of troika. come again and again in every country in which they try this policies with these unfair and unfeeling. and the problems question when are they going to stall and it seems so we suggest that we. go for for another direction we have today suggested a good thing to do east. look. at mosco...
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chancellor delivered his twenty thirteen budget to parliament despite three years of spending cuts and tax highs the country is still on the brink of a triple dip recession richard wellings of from the institute of economic affairs a says of the chancellor is suffocating the economy with his strategy. other people are pretty pessimistic about their long term outlook they don't think there's going to be this two or three percent growth that the government predicts in a couple of years' time obviously the big question mark is over what happens in the eurozone which accounts for around forty percent of u.k. exports and if they are just goes from crisis to crisis as we've seen recently in cyprus that's going to really have a very good name effect on growth you know u.k. so it's completely unpredictable this huge uncertainty in this context a cautious chance that would have actually made some greater spending actually put the public promises on a more prudent for turning to what we didn't see was a massive program of t.v. regulation and this is really the way for him to get out of his current f
chancellor delivered his twenty thirteen budget to parliament despite three years of spending cuts and tax highs the country is still on the brink of a triple dip recession richard wellings of from the institute of economic affairs a says of the chancellor is suffocating the economy with his strategy. other people are pretty pessimistic about their long term outlook they don't think there's going to be this two or three percent growth that the government predicts in a couple of years' time...
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the russian passport holder says his move was not about escaping taxes because his homeland to become too sad for him also on. drastic measures leading animal welfare group says it will use drones to stop illegal hunting in britain and more about the upcoming war in the countryside. dot com. the separate government suspended debate on a bank deposit levy that has sparked mass demand for all the positive to hand over up to ten percent of the savings was in force by eurozone finance ministers as a condition for a much needed ten billion euro bailout dr helen somebody from the leading british think tank the british group told me a little earlier that she believes despite the delay the savers will still have to cough up. they will have to try and make it go ahead because the really do desperately need the bailout money unless of course they do the alternative which is actually drop out of the euro and probably default at some point which will not necessarily be the worst thing that can happen but that doesn't seem to appeal to any of the governments in question i mean we've had this probl
the russian passport holder says his move was not about escaping taxes because his homeland to become too sad for him also on. drastic measures leading animal welfare group says it will use drones to stop illegal hunting in britain and more about the upcoming war in the countryside. dot com. the separate government suspended debate on a bank deposit levy that has sparked mass demand for all the positive to hand over up to ten percent of the savings was in force by eurozone finance ministers as...